620 Lakeshore Rd

Temiskaming Shores | | P0J 1K0
  • 6
  • 4
  • 0

$775,000

Est. Mtg $2,627 /mo
  • Days on market

    300

  • Status

    New

Listing Broker IPRO REALTY LTD
Since listed: 3 views

Home details

MLS #:

X9352637

Property type:
Triplex
Style:
3-Storey
Taxes:
$6,943
Possession:
TBA
Lot Front:
118.0   Feet
Lot Depth:
0.0   Feet
Basement:
Full | Sep Entrance
Driveway Pkg:
0
Heat:
Gas | Forced Air

Description


620 Lakeshore Rd, , Temiskaming Shores, Ontario is a Triplex property in Temiskaming Shores and in the community in the P0J 1K0 postal code


An excellent business or home, or a combination of both. This century property was built as a grand home and transformed into a three unit, short and medium term, accommodation business earning potential of $150K..excellent investment capitalization. Thriving for two decades, the business and property is now being sold with most contents and the respected Presidents Suites name. The business has been built up under Presidents Suites brand to a point of repeat and referral clients being the cornerstone. There is the flexibility of retaining the current full accommodation business model, or the owner occupying one floor and renting the other two. Alternatively, the entire property could be home for an extended family with no modifications necessary. The latitude of possibilities with the property is very rare in this marketplace. The home has extensive, high quality improvements, an intelligent layout, is bright and tastefully decorated with thoughtfully arranged furnishings. The considerable grounds are attractive and functional with a large parking area and circular drive while the waterfront portion across the road offers access to lake adventures or moments of calm. This exceptional property with numerous possible uses is ready to serve your future ambitions. **EXTRAS** Shed, Hot Tub, Dock, Fire Pit, BBQ Grills, 12 Car Circular Driveway.

Extras

.


History

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List Date End Date List Price End Price Status MLS #
2023-08 2024-09 $895,000 $895,000 Exp T9275027
2024-09 2024-11 $775,000 $775,000 Ter T9352619
2024-09 2025-02 $775,000 $775,000 New X9352637
2025-02 $775,000 $775,000 X9352639
2024-09 $895,000 $895,000 T9279419

Comparables

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sold Date Address List Price sold Price DOM
2024-02 95 Hillendale Ave, $779,000 $770,000 23
2021-09 12 Wellington St N, $1,300,000 $1,200,000 25
2019-08 394 Thiel St, $479,900 $460,000 33
2018-12 426 Ontario St, $599,900 $585,000 22

Statistics: TRREB Market Watch - JUNE 2023

Municipality activity All Property Types

Sale activity

Temiskaming Shores :

Average sale price
Properties sold
New Listings
Days on Market
Sale $ / List $
Year on Year Growth


Estimated running costs for 620 Lakeshore Rd

Based on available 3rd party data

$3341

Approximate costs per month

Mortgage
$2627 p/m
Energy
from $75 p/m
Water
from $40 p/m
Home insurance
from $20 p/m
Taxes
$578 p/m
Maintenance
$0 p/m

Amenities:

Features:

  • Lake Access
  • Lake/Pond
  • Waterfront
Listing Broker IPRO REALTY LTD
Data Source: TRREB

Payment calculator

$3206 monthly. In association with: TD Bank
%
  • Principal and Interest
    2627 /mo
  • Property Taxes
    $578 /mo
  • Yearly Condo Fees
    $0

* These results are not provided by offerHunt.ca and are only indicative based on a repayment mortgage product. Repayments will be subject to the product provided and your circumstances.

P2 Realty Inc. Brokerage

P2 Realty Brokerage

www.offerHunt.ca

Angela Aiello, Realtor

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